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boehner, who have already openly said, no increases in tax rates? >> well, you have to splinter off some republicans, in the senate it will be easier because you just have to get to 60. you might pass the december 31st deadline where you have a few more democrats in the senate. but the problem is always going to be the house. i think there may be a bargain in the -- in the side of coming to republicans and saying, here are cuts. but the price of those cuts will be that 2%. republicans will face a very tough choice in just a very short time. are they the ones that are going to be responsible for giving 98% of americans tax hikes? do the republicans want to be known as the party that raised your taxes for everybody but 2%? >> right. and i think, martin -- >> so, the 2% solution may be a noose around the republicans' neck. >> i think the republicans have little leverage. not just for that reason but a couple of other reasons. if you consider the fact that taxes are at 15% of gdp, spending is at 24%, even the paul ryan budget proposes we only reduce spending to 20% of gdp. that means five pe
connell, who's the senate minority leader, he's taking a tougher stand than even boehner. let's listen to both of those positions. >> let's be clear. an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson/bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's twice as much as the white house agreed to last summer during the debt ceiling talks, and looked at in the context of the spending cuts yet to be implemented, it amounts to about 20 cents in cuts for every new dollar in tax hikes. in other words, no cuts at all. it's a joke. a joke. >> we right away say 98% of americans are not going to see their taxes go up. 97% of small businesses are not going to see their taxes go up. if we get that in place, we are actually removing half of the fiscal cliff. half of the danger to our economy is removed by that single step. >> okay. so is it a joke, or as the democrats would say, the math isn't adding up? let's look at the issue of deficit reduction. the democrats say the -- let's say if you cut loopholes
to be here. thank you so much. >> thanks so much. >>> a fiscal cliff, it's coming and if obama and boehner don't compromise, could mean economic disaster, but some lawmakers say hey, there's no rush. actually, we should go over that fiscal cliff. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >>> people are counting down the days until the nation goes off the so-called fiscal cliff. the tax cuts and cu
president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate, it's t
was willing to sign on the dotted line to that compromise with john boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not sequestration. >> jonathan karl did an interview with paul ryan and what paul ryan said in this is essentially that, that the president doesn't have a mandate. karl said he won some 300 some electoral votes, every battleground state except for north carolina. does president obama have a mandate and, and he said no, i don't think so. because then nancy pelosi would be in charge of the house of representatives. and she's not. do you think that he's got a point? >> you know what has a mandate? solutions have a han date. this election was about
leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last week, nancy pelosi says she's staying. >> i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. >> reporter: flanked by dozens of her democratic female colleagues, pelosi clearly relished the chance to draw a stark contrast with house republicans. >> i'm so proud to stand here with you, my sisters. this is girls morning out. we must have the further empo r empowerment of women. this statement of the strength of women in the congress of the united states. >> reporter: the next congress will have a record 78 women serving in the house. 58 of them democrats, only 20
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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